Page 385 - MINISTRY OF CULTURE PR REPORT - MAY 2025 (ENGLISH)

5/20/25, 1:09 PM Hamed bin Zayed attends opening of fourth 'Make it in the Emirates' | Emirates News Agency
National In-Country Value (ICV) Programme, which supports the industrial sector by

redirecting procurement to local products and services — local spending has

reached a cumulative AED 347 billion, and over 22,000 job opportunities have been

created for Emiratis.

“In line with the leadership’s directives to strengthen bridges of cooperation, we also

launched the Industrial Partnership for Sustainable Economic Development with

Jordan, Bahrain, Egypt, Morocco, Qatar, and Türkiye. This collaboration has

advanced regional supply chain integration through joint projects worth USD 5 billion

in sectors of mutual importance.

“In implementation of the directives of His Highness Sheikh Mansour bin Zayed Al

Nahyan, Make it in the Emirates has been enhanced to support national industrial

growth further. This year’s edition features several strategic initiatives, most notably,

increasing the value of offtake opportunities from AED143 billion to over AED 168

billion over the next ten years, an increase of AED 25 billion compared to last year,

to localise over 4,800 products within the country.

The event will also witness the launch of the Emirates Growth Fund under Emirates

Development Bank as an AED 1 billion investment platform. The fund aims to

empower SME projects in strategic sectors including manufacturing, healthcare,

food security, and advanced technology by providing long-term capital and the

strategic support necessary for sustainable growth and effective expansion; offering

competitive financing solutions exceeding AED 40 billion over five years from

national banks, including Emirates Development Bank, First Abu Dhabi Bank,

Mashreq Bank, Emirates NBD, Abu Dhabi Commercial Bank, Abu Dhabi Islamic

Bank and Wio Bank.

The event also offers over 1,200 job opportunities for Emiratis through the

Industrialist Career Fair, in collaboration with the Nafis program and several national

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